May 21, 2018
Last week, Harvey Hanna & Associates, a commercial development company in Delaware, hosted a breakfast walking tour of the Twin Spans Business Park. Policy makers, State and County Chamber and DEDO representatives, State Senators and State Representative and some local business leaders were in attendance. The hope is to replace long time tenant, Five Below, with one to four new tenants.
Five Below is currently leasing 421,291 square feet of warehouse space at the business park and will be moving its distribution center across state lines to New Jersey this summer to a larger facility. Five Below’s current space in Delaware allows for processing 50,000 boxes a day, with 59 loading docks for trucks. The Twin Spans Business Park has been a distribution center for store chain giant, Five Below since June of 2007. The company doubled its space in 2010.
Harvey Hanna & Associates (HHA) is a full-service Commercial Real Estate Development Company, featuring 3 million square feet of prime-location Industrial and Commercial real estate in the mid-Atlantic region. HHA has long had an outstanding reputation as a pro-active landlord of Class A warehouse and office space in the Delaware commercial real estate market.
The company’s president, E. Thomas Harvey, makes a great effort to get to know his tenant’s needs and goes to great lengths to customize the commercial properties to meet those needs. Harvey and his business partner, Thomas J. Hanna started developing Heavy Industrial, Light Industrial, Marketing, Distribution, Manufacturing, and Corporate Offices in the mid-Atlantic region along the I-95 corridor when they realized that they were optimally positioned for rapid economic growth due to the convenient location to four states (PA, NJ, DE, MD).
The Twin Spans Business Park is considered the premier distribution campus in the mid-Atlantic Region and has the presence of strong, recognized companies (Tire Rack, Zenith Products, Speakman Company) mixed with well know regional entities. It is located in New Castle, Delaware, just minutes away from I-95, I-295, I-495, Routes 9 & 13 and two miles south of the Delaware Memorial Bridge. The 421,291 square feet of dividable office and warehouse space will be available this fall and can rented in its entirety or can be sub-divided to accommodate up to 4 different leasees.
Please contact Ryan Kennedy with any interest or for more information–RKennedy@harveyhanna.com